Microhoo Tea Leaf Watch: Proxy Directors Set Free

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Microhoo Tea Leaf Watch: Proxy Directors Set Free

In what the Wall Street Journal says is a "clear" sign that Microsoft isn't about to quickly resume a run atYahoo (though it has no photographs, or even etchings, of any winks and nods), potential directors that would have packed the Yahoo board to make it Microhoo friendly have been released from the commitment to serve.

It wasn't exactly like K-Fed got the news from Britney, but the board-in-waiting got "a short email from Microsoft's law firm Sullivan & Cromwell Thursday morning," the WSJ reports.

No comment from Microsoft or Yahoo. Both companies were off only fractionally in a decidedly bearish pre-open market environment.